INSURANCETERMINATED

ECHIP Health Plan Termination and Reserve Requirement

The Town and Coventry BOE will terminate their ECHIP health insurance plan on June 30, 2026, with a mandated $1,172,754 reserve for run-out medical claims through the end of the year. Final settlement will be determined once all claims are processed by December 31, 2026.

Status
TERMINATED
Document date
June 8, 2026
Contract type
INSURANCE
Vendor
ECHIP
Agency
Town of Coventry · CT

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$1,172,754 reserve for run-out claims
Contract type
INSURANCE
Contract term
through December 31, 2026 (run-out period)
Renewal date
2026-12-31
Renewal
Contract ends June 30, 2026; reserve required through December 31, 2026. Final reconciliations determine if unused reserve is returned or additional contributions are necessary.
Document type
AgendaPacket
Source document
Town of Coventry Agenda Packet 2026-06-08

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Town of Coventry?

ECHIP was awarded this insurance contract by Town of Coventry, as recorded on June 8, 2026. The contract value is $1,172,754 reserve for run-out claims.

How much is the ECHIP contract with Town of Coventry worth?

The ECHIP contract with Town of Coventry is valued at $1,172,754 reserve for run-out claims, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Town of Coventry Agenda Packet 2026-06-08 (AgendaPacket), dated June 8, 2026 from Town of Coventry. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does ECHIP hold?

ECHIP may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View ECHIP's profile

What is Town of Coventry currently buying?

Explore Town of Coventry's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Coventry's profile

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